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Monday, 4 February 2013
500 MILLION DOLLAR CABLE CAR SET TO LAUNCH IN LAGOS,NIGERIA
A $500 million cable car mass urban transit system is set to launch in Lagos courtesy of investor, Ropeways Transport limited.
The cable car transit system will provide commuters an affordable and safe means of transportation. Ropeways reportedly signed a 30 year Franchise Agreement with the Lagos Metropolitan Area Transport Authority (LAMATA) and the Government of Lagos State on the project.
The various routes covered in the Lagos environs include Ijora – Iddo, Iddo – Adeniji, Apapa – Oluwole, Oluwole – Adeniji, Adeniji – Obalende, Obalende – Falomo, and Falomo – Victoria Island.
Commuters are expected to pay about N200 and N300 per trip.
According to Dapo Olumide, C.E.O of Ropeways Transport Limited, “By complementing existing transport modes, the Lagos Cable Car Transit System will play its part in reducing the traffic congestion in the city.”
“The existing metropolitan highway infrastructure is severely constrained, with journeys to and from work within the city regularly exceeding three hours. In addition, studies carried out in 2009 on vehicle registration show that an additional 200,000 vehicles are registered annually in Lagos State.
This equates to 222 vehicles per kilometre of road in Lagos, which by far outweighs the national average of just 11 vehicles per kilometer of road, with vehicles estimated to contribute more than 70 per cent of the air pollution in Lagos,” he said.
“Presently, there is a need to ameliorate the existing congestion on the three bridges connecting Lagos Mainland to Lagos Island and to provide a link between Apapa and the Central Business District on Lagos Island, and also to link Victoria Island with the Central Business District of Lagos Island. These are what we hope to achieve with the launch of the cable transit system,” he added.